UCPB Customer Relations Center (+632) 811-9111   |   crc@ucpb.com   |  

Changes in Tax Rates on Bank Transactions

In line with the Republic Act No. 10963 or the Tax Reform for Acceleration and Inclusion (TRAIN) Act which took effect on January 1, 2018, changes in tax rates imposed on applicable bank transactions shall be applied as follows:

Final Withholding Tax on interest from Foreign Currency Deposits — from 7.5% to 15%
Documentary Stamp Tax on Certificates of Time Deposit — from P1.00 to P1.50 for every P200.00 or fractional part of the value of deposit
Documentary Stamp Tax on all Bank Checks and Drafts — from P1.50 to P3.00 each
Documentary Stamp Tax on other affected bank transactions shall increase by 50% to 100%, depending on the nature of transaction

For your information and guidance.

If you have inquiries or concerns, please visit or call your UCPB branch.

You may also contact our Customer Relations Center at (+632) 811-9111 or crc@ucpb.com.

Date published: January 10, 2018


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Tuesday, January 23, 2018 – Meycauayan branch (119th Anniversary of Inauguration of the First Philippine Republic – Proclamation No. 394)

Our ATMs and electronic banking facilities are available even during holidays. Thank you.

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Please be advised that the following electronic banking channels will be unavailable on Monday, January 15, 2018, from 11p.m. to 12 midnight:

UCPB ATMs (UCPB cardholders will also not be able to transact in other banks’ ATMs)
Point-of-Sale Terminals
e-Commerce transactions (internet purchases via VISA and BancNet)

The rest of our e-channel facilities (UCPB Connect, CM.biz, My1Time, and Mobile Phone Banking) will not be affected by said maintenance activity.

We apologize for the inconvenience that you will experience during this time.

We are doing these to ensure consistent and improved service delivery for you. Thank you. Read more.

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